About This Property
As of March 13, Willow Arms has an Accepted Offer to Purchase subject to conditions. Call listing broker for more information. FOR SALE! 1252 9th St is a 21-unit apartment building on the corner of 9th Street and Willemar Avenue with immediate access to 5th Street and the Courtenay downtown core. The impressive suite composition includes fouteen (14) large three-bedroom units, six (6) two bedroom units and one studio suite. Built in 1966 the Willow Arms Apartments offers spacious balconies/patios for each suite, on-site parking, tenant lockers, coin-operated laundry, heat and hot water included in the rent, and proximity to shopping, transit infrastructure and other local amenities. Moreover, the building is in a state of excellent repair and modernization thanks to very good property management. Upon tenant turnover, suites are renovated and modernized. (see photos in the Information Package in supplements). The location is close to downtown but far enough away to offer a quiet residential environment. Download and read the Information Package to learn more about this attractive investment opportunity. (id:64973)
At $4,340,000, the Willow Arms Apartments in Courtenay offers a competitive price per square foot compared to the city's multi-family market. With its spacious 3-bedroom units and prime downtown location, this property presents an attractive investment opportunity for buyers seeking stable rental income and long-term appreciation potential.
Property Details
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